--- title: "Why Redwire Stock Is Falling On Monday?" type: "News" locale: "en" url: "https://longbridge.com/en/news/286794541.md" description: "Redwire Corp (RDW) stock fell 4.34% to $13.45 on Monday, continuing a downward trend after a profit-taking phase following a recent rally. The stock had surged due to news of a potential partnership between Alphabet Inc and SpaceX. Despite the dip, Redwire reported strong first-quarter earnings of $97 million, a 57.9% year-over-year increase, and a record backlog of $498.1 million. The company is also expanding its work with NASA for the Artemis missions." datetime: "2026-05-18T15:23:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286794541.md) - [en](https://longbridge.com/en/news/286794541.md) - [zh-HK](https://longbridge.com/zh-HK/news/286794541.md) --- # Why Redwire Stock Is Falling On Monday? **Redwire Corp ( RDW )** stock is trading lower on Monday. The stock is continuing its downward momentum from Friday. Traders are taking profits after a sharp, news-driven rally. The equity is giving back gains from last week’s massive surge. The stock faced immediate selling pressure after hitting a resistance ceiling. Shares fell 2.79% to close at $13.60 on Friday afternoon, according to Benzinga Pro. ## Tech Giants Spark Initial Rally The initial rally started on Thursday. The Wall Street Journal reported that **Alphabet Inc ( GOOG )** and **SpaceX** are discussing a rocket-launch arrangement. The partnership ties directly into orbital data centers. Space-based computing advocates believe solar-powered facilities can solve land and power issues. However, the stock is pulling back as the initial excitement cools down. Strong earnings numbers support the underlying business. Last week, Redwire ( RDW ) reported first-quarter revenue of $97 million. This represents a 57.9% increase year-over-year. The space firm also posted a record backlog of $498.1 million. Its book-to-bill ratio reached a strong 1.92. ## Deep Space Missions Drive Pipeline The company continues to expand its work with **NASA**. Redwire ( RDW ) announced that its optical imaging systems and sun-sensor technology will fly on the Artemis II Orion spacecraft. The company manufactures these systems under a contract with **Lockheed Martin**. The agreement covers Artemis missions I through V. Even with Monday's dip, RDW is still in a strong longer-term uptrend: it's trading 35.5% above its 20-day SMA ($10.41) and 56.9% above its 200-day SMA ($8.99), which is classic extended but trending behavior. The 20-day SMA is above the 50-day SMA (bullish), and the golden cross in April (50-day SMA above the 200-day SMA) reinforces that the bigger-picture trend has been pointing higher. **Read Also: 'Big Short' Legend Eisman Is 'Nervous About The Sustainability' Of Nvidia's Melt-Up** **RDW Stock Price Activity:** Redwire ( RDW ) shares were down 4.34% at $13.45 at the time of publication on Monday, according to Benzinga Pro data. _Photo: T. Schneider / Shutterstock_ ### Related Stocks - [RDW.US](https://longbridge.com/en/quote/RDW.US.md) - [ITA.US](https://longbridge.com/en/quote/ITA.US.md) - [PPA.US](https://longbridge.com/en/quote/PPA.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [LMT.US](https://longbridge.com/en/quote/LMT.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [Redwire Stock Is Sliding Today: What's Going On?](https://longbridge.com/en/news/286593436.md) - [Redwire (RDW) Is Up 27.0% After Record Backlog And Equity Raise Amid Wider Losses – Has The Bull Case Changed?](https://longbridge.com/en/news/286662838.md) - [Redwire wins high eight-figure multiyear Penguin Mk3 drone contract from NATO ally](https://longbridge.com/en/news/286899644.md) - [Why Rocket Lab stock popped then dropped](https://longbridge.com/en/news/286794900.md) - [You’re going to regret not buying this ETF before SpaceX’s IPO](https://longbridge.com/en/news/286781672.md)